P&G: Our marketing message will emphasize value
Procter & Gamble CEO, Jon Moeller has revealed that the US FMCG giant’s response to rising inflation will be to emphasize the value of its brands via renewed marketing efforts, according to a report published by Bloomberg.
Primark launches Fairtrade skin care range
Primark has announced a global partnership with Fairtrade with the launch of a new beauty collection across all 14 markets.
Majority of Japanese manufacturers to pass on higher costs to shoppers
Reuters reports that some four out of five large Japanese companies are planning to pass on higher costs to shoppers, or have already done so.
GSK confidence high as it lists consumer health arm
Things are looking up for GSK after it listed its consumer health care business on the London stock exchange yesterday. Trading for Haleon, as the demerged firm has been named, opened at 330p, placing the company’s value at £30.5 billion.
Victoria’s Secret & Co announces new Corporate Leadership Structure; 5 percent of head office roles cut
Victoria’s Secret has announced a new corporate leadership structure, designed to unite the company’s three lines of business, Victoria’s Secret, Pink and Beauty, as a single, collaborative organisation.
Is The Estee Lauder Companies quitting the UK? Now Smashbox calls time on UK market
Smashbox has become the latest The Estee Lauder Companies-owned brand to exit the UK and Ireland market, according to a report published by WWD.
Henkel-owned Zotos Professional teams up with children’s art organization Art Feeds to foster creative expression
Henkel-owned brand Zokos Professional has teamed up with children’s art organization Art Feeds in an effort to support the positive connection between art and mental health.
Revlon shareholders seek representation in bankruptcy hearing
A group of Revlon’s minority shareholders has applied to be represented in the US beauty giant’s bankruptcy case, according to a report published by Bloomberg.
EU manufacturers could be paid to curb gas use
Manufacturers in the European Union could be offered financial incentives to reduce their use of natural gas as part of a wider strategy to mitigate a potential energy crisis, according to a report published by the Financial Times.
US FDA greenlights LG Household & Health Care’s toothpaste
LG Household & Health Care will market a novel toothpaste formulation on the North American market after receiving approval from the US Food & Drugs Administration, according to a report published by Business Korea.
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